Proact recovers from supply delay-fueled drop with double-digit Q1 growth

The Swedish group saw progress in its system revenues despite facing continued adverse effects of delivery delays

Kelsey Rees
clock • 2 min read
Proact recovers from supply delay-fueled drop with double-digit Q1 growth

Proact has started 2022 on the up with a rise in first quarter revenues despite supplier delays continuing to be a thorn in the system integrator's side.  Total revenues for Q1 grew 19 per cent to SEK 1.064bn (€102m) while EBIT increased 21.7 per cent to SEK 41.4m (€3.9m) from January to March 2022.  The Sweden-based company previously saw its Q4 2021 sales drop four per cent owing to vendor delivery delays, a situation Proact's CEO, Jonas Hasselberg, described as "unchanged".  "Duri...

To continue reading this article...

Join Channel Partner Insight

  • Exclusive news, insight and analysis for the IT channel across the US and Europe
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with an exclusive members-only podcast
  • Breaking news stories delivered straight to your inbox daily

Join now

 

Already a member?

Log in

More on Vendor

Google, Microsoft report growth in cloud revenues

Public cloud market raked in $126bn in Q1 - Synergy Group

The market analyst’s figures broke down global IaaS and PaaS services spend

Nima Green
clock 27 June 2022 • 2 min read
Atea secures Microsoft deal to 'triple sales' of Nordic reseller's cloud services

Atea secures Microsoft deal to 'triple sales' of Nordic reseller's cloud services

Atea will also create 25 new cloud services on Microsoft Azure

Kelsey Rees
clock 27 June 2022 • 1 min read
Lenovo tells partners rationale for first-ever European manufacturing plant being based in Hungary

Lenovo tells partners rationale for first-ever European manufacturing plant being based in Hungary

Lenovo claims its 50,000-square-metre facility can produce 4,000 workstations and 1,000 servers a day

Josh Budd
clock 24 June 2022 • 4 min read